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PRESS RELEASE 20 Aug 2003

MARATHON AWARDED DESIGN ENGINEERING CONTRACT BY APPLETON COATED


Marathon Engineers/Architects/Planners LLC, which is a part of the Jaakko Pöyry Group's Forest Industry business group, has been commissioned by Appleton Coated LLC of Combined Locks, Wisconsin, USA, to provide engineering services for their coated woodfree production line expansion. The value of the contract is approximately EUR 2 million.

Marathon's services include process, mechanical, civil/structural, piping, electrical and process control design engineering, and project field support services. The investment project consists of modifications to PM7 and the off-machine coater as well as a new off-line calender and roll wrapping equipment. This EUR 35-million investment is the most recent development in the conversion of the Combined Locks mill into a premium coated woodfree paper mill with a capacity in excess of 385 000 t/a. Installation of equipment will begin during early September 2003, and the project is scheduled to be completed in late 2004.

Marathon has a long-term partnering relationship with Appleton Coated and has been the engineer for the successful development of this facility from the installation of PM7 in 1994, the installation of the coating and finishing facility in 1997 and the rebuild of PM6 in 2001.

The Forest Industry business group, operating under the brand name Jaakko Pöyry, had net sales of EUR 175 million in 2002. The Forest Industry business group has offices in 18 countries and employs some 2150 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Satu Perälampi

Investor Relations Manager

Additional information by:

Chris Cox, President, North American Operations, Marathon Engineers/Architects/Planners LLC, Wisconsin/USA

Tel. +1 920 954 2000

Larry Londo, Executive Vice President, Marathon Engineers/Architects/Planners LLC, Wisconsin/USA

Tel. +1 920 954 2000

www.poyry.com

DISTRIBUTION:

Major media